Solar Energy

IEA: Solar is Cheapest Energy Source

Solar power has been touted as the cheapest available source of energy for several years now. Solar power proponents have been talking about the consistent decline in the cost of raw materials and panel production. They have also talked about LCOE. The levelized cost of energy is a metric that …

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Emerging Markets Grapple with Rising Solar Panel Costs

With high energy prices and supply chain disruptions creating shortages of key renewable energy components and materials, emerging markets are reassessing how to build out utility-scale solar power to accelerate their energy transitions. After more than a decade of decline, the cost of solar photovoltaic (PV) panels has risen around …

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Germany Installed 7.19 GW of New Solar in 2022

Germany’s Federal Network Agency (Bundesnetzagentur) has reported that 350.4 MW of new PV capacity was installed in the country in December. By comparison, newly installed PV capacity hit 421 MW in December 2021, and 675 MW in November 2022. In 2022, new PV additions reached 7.19 GW, which compares to …

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